Originally posted by davidalfonsi

Traders are usually hedonists and like to show the bright side, but what about the biggest failures? how much have you lost most in one single trade? I start the walk of shame: 10k€ in a single trade in September 

" /> anyone else?

"10k euro" in single trade? OMG what happened exactly. What was the size of trade?

I have lost small accounts of $100 but never a big amount.

it was a result of a very bad money management approach. However, 90% of that money was gained from trading, so we can say the market got back what I stole from it :-) Basically I let the emotions come in and started doubling the position after the price further moved where I was thinking it was not possible to move anymore. But, you know, we are here to learn! :-)

This is one question I can’t answer but the fact is that I have lost a lot to kill a man but even in all I took it as an experience and I can say today and no when am gaining or not.

The biggest loss I ever had is $100, but it happen about last year.....when i was learnt forex & still didn't know what to do & don't how to analyze market.

but in this year 2011, my biggest loss is only -$6.79 (in real account)

Originally posted by widhie75

The biggest loss I ever had is $100, but it happen about last year.....when i was learnt forex & still didn't know what to do & don't how to analyze market.

but in this year 2011, my biggest loss is only -$6.79 (in real account)

 

Good... u made almost no loss in learning forex. Traders make big losses during their learning process. Davidalfonsi wrote about its loss in first post. It is just an example of how much a trader can loose even in a single tade.

Originally posted by widhie75

The biggest loss I ever had is $100, but it happen about last year.....when i was learnt forex & still didn't know what to do & don't how to analyze market.

but in this year 2011, my biggest loss is only -$6.79 (in real account)

wow man. it can be rated as success. How about ur start in trading? did u practice on demo?

Originally posted by davidalfonsi

Traders are usually hedonists and like to show the bright side, but what about the biggest failures? how much have you lost most in one single trade? I start the walk of shame: 10k€ in a single trade in September 

" /> anyone else?

 

i ever lost my $ 1000 in a hours, i used big lot size and suddently i lost my internet connection and i did not put the trailing stop loss or stop loss too...

well this was my experiences that i had bought with my loses and then i should learn it with well

Originally posted by newentry

 

Originally posted by davidalfonsi

 

Traders are usually hedonists and like to show the bright side, but what about the biggest failures? how much have you lost most in one single trade? I start the walk of shame: 10k€ in a single trade in September 

" /> anyone else?

 

 

 

 

i ever lost my $ 1000 in a hours, i used big lot size and suddently i lost my internet connection and i did not put the trailing stop loss or stop loss too...

well this was my experiences that i had bought with my loses and then i should learn it with well

Disconnection sometimes causes big problems. That is why tight SL strategy should be used in order to avoid such losses. It is more important if you r living where internet or electricity services r not good.

well when l was still a newbie l was just gambling with forex.so l have lost 3500 usd in a single trade.l have used 1:400 leverage and traded 20 usd per pip.it was very nice to see making 20 usd per pip but all of a sudden some bad news came from euro zone and the trend moved against me more than 100 pips then l left obly 300 usd .so it was a very big lesson for me.so l decide to follow moey managment rules.

For me my biggest loss so far has been of 335 $ which happened in a single trade and though I had a huge account balance and was trading in very small ot size accordingly and it happened due to bank intervention .